My colleague, Dr. Dave Hebert, wrote a nice overview of different types of inflation and how they can affect people. He pointed out that the rate of inflation can be high or low as well as anticipated or unanticipated. He also explained how inflation is fundamentally a monetary phenomenon: too (...)
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Subscribe to the CEME Substack Inflation is a topic that plenty of pundits and talking heads have brought up on the news. For the non-economists, it might seem as if they do so ad nauseum. Despite its frequent coverage, however, few people understand why the U.K., like much of (...)
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A fascinating advance currently underway in the field of artificial intelligence is the development of models to assist with peace negotiations. In collaboration with the White House, a think tank in Washington has been developing a simulator that generates potential peace-agreements to end the war in Ukraine, and also scores the (...)
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This is a repost of an appreciation of Pope Francis by CEME Fellow, Professor Philip Booth, first published on the Catholic Social Teaching blog of St Mary’s University. We thought it would be of interest to CEME readers, but reposting does not mean endorsement of every point. In the coverage of (...)
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Reproduced with permission of Church Times ‘INFLATION is always and everywhere a monetary phenomenon’, says the title of chapter 7; at the same time, it is, as the book’s title affirms, ‘about more than money’. Those are the two pegs on which the argument of this courteously erudite tract hangs. (...)
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A recent article reports on work by researchers at Anthropic, the AI lab that developed a ‘reasoning’ AI model, and their ability to look into the digital brains of large language models. Investigating what happens in a neural network as an AI model ‘thinks’, they uncovered some unexpected complexity that (...)
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President Trump has certainly brought the issue to the fore with a bang. Perhaps his attempts at protectionism will show the error in the thinking of the anti-globalists in our own country. We don’t get many controlled experiments in economics. Perhaps this will be one. The anti-globalisation trend, which is (...)
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From April 1st this year, local authorities in England have the power, under the Levelling Up and Regeneration Act 2023, to charge a Council Tax Premium of 100% on second homes. Many councils have availed themselves of the opportunity. The Justification The move to charge a premium is driven by (...)
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Recent articles in the financial news (such as this one by the Telegraph) have been hastily calling for the abolition of Cash ISAs, claiming absurdities such as, ‘cash savers don’t deserve tax breaks’. Here are a few reasons why they may be mistaken and why their approach is saliently unwise: (...)
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Of growing popularity at present is the phenomenon of the ‘mystery box’: a box or case purchased – usually from an online provider – that contains various ‘unknown’ objects. A fairly typical example would cost somewhere in the region of £90 and will be described by the seller as either (...)
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Abraham Kuyper (1837–1920), the Dutch theologian, philosopher, and statesman, is renowned for his comprehensive vision of Christian engagement in the world, especially in the realms of politics, education, and culture. As one of the founding tenants of Dutch Neo-Calvinism, Kuyper’s theology emphasises the sovereignty of God over every aspect of (...)
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